The Australian national registry of emissions units (ANREU) is a secure electronic system designed to track the location and ownership of Australian carbon credit units (ACCUs) issued under the Emissions Reduction Fund, and emission units issued under the Kyoto Protocol.
Organisations and individuals are required to use the ANREU if they want to own, transfer, cancel, or relinquish units.
Types of eligible emissions units which can be held and traded through the ANREU include:
The ANREU is underpinned by the
Australian National Registry of Emissions Units Act 2011 and the
Australian National Registry of Emissions Units Regulations 2011, which provide the legislative support for the administration of the system and ensure participation is consistent with Kyoto Protocol rules.
Liable entities were required to acquit their final carbon price liability for 2013-14 by 2 February 2015, following the repeal of the
Clean Energy Act 2011. The government has also abolished the Jobs and Competitiveness Program effective 1 July 2014.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.